Common use of Terms of Bonds; Interest on the Bonds Clause in Contracts

Terms of Bonds; Interest on the Bonds. (a) The Bonds shall be issued in fully registered form. Prior to the Conversion Date, (i) such Bonds shall be Outstanding in denominations of $100,000 or any integral multiple of $5,000 in excess thereof; and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $100,000 or any integral multiple of $5,000 in excess thereof. From and after the Conversion Date, (i) such Bonds shall be Outstanding in denominations of $5,000 or any integral multiple of $5,000 and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $5,000 or any integral multiple of $5,000 in excess thereof. The Bonds shall be dated as of the date of delivery and shall mature, subject to prior redemption, as provided herein. Unless the Company shall otherwise direct, prior to the Conversion Date the Bonds shall be lettered "VR" and shall be numbered consecutively from 1 upward and after the Conversion Date the Bonds shall be lettered "FR" and shall be numbered consecutively from 1 upward.

Terms of Bonds; Interest on the Bonds. (aA) The Bonds shall be issued in fully registered form. Prior to the Conversion Date, : (i) such Bonds shall be Outstanding in denominations of $100,000 or any integral multiple of $5,000 in excess thereof; and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $100,000 or any integral multiple of $5,000 in excess thereof. From and after the Conversion Date, : (ix) such Bonds shall be Outstanding in denominations of $5,000 or any integral multiple of $5,000 5,000; and (iiy) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $5,000 or any integral multiple of $5,000 in excess thereof. The Bonds shall be dated as of the date of delivery and shall mature, subject to prior redemption, as provided herein. Unless the Company Authority shall otherwise direct, prior to the Conversion Date the Bonds shall be lettered "VR" and shall be numbered consecutively from 1 upward upward, and after the Conversion Date the Bonds shall be lettered "FR" and shall be numbered consecutively from 1 upward.

Terms of Bonds; Interest on the Bonds. (aA) The Bonds shall be issued in fully registered form. Prior to the Conversion Date, : (i) such Bonds shall be Outstanding in denominations of $100,000 or any integral multiple of $5,000 in excess thereof; and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $100,000 or any integral multiple of $5,000 in excess thereof. From and after the Conversion Date, : (ix) such Bonds shall be Outstanding in denominations of $5,000 or any integral multiple of $5,000 5,000; and (iiy) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $5,000 or any integral multiple of $5,000 in excess thereof. The Bonds shall be dated as of the date of delivery and shall mature, subject to prior redemption, as provided herein. Unless the Company Board shall otherwise direct, prior to the Conversion Date the Bonds shall be lettered "VR" and shall be numbered consecutively from 1 upward upward, and after the Conversion Date the Bonds shall be lettered "FR" and shall be numbered consecutively from 1 upward.

Terms of Bonds; Interest on the Bonds. (aA) The Bonds shall be issued in fully registered form. Prior to the Conversion Date, (i) such Bonds shall be Outstanding outstanding in denominations of $100,000 or any integral multiple of $5,000 in excess thereof; and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $100,000 or any integral multiple of $5,000 in excess thereof. thereof From and after the Conversion Date, (i) such Bonds shall be Outstanding in denominations of $5,000 or any integral multiple of $5,000 and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $5,000 or any integral multiple of $5,000 in excess thereof. The Bonds shall be dated as of the date of delivery and shall mature, subject to prior redemption, as provided herein. Unless the Company Authority shall otherwise direct, prior to the Conversion Date the Bonds shall be lettered "“VR" ” and shall be numbered consecutively from 1 upward and after the Conversion Date the Bonds shall be lettered "“FR" ” and shall be numbered consecutively from 1 upward.

Terms of Bonds; Interest on the Bonds. (a) The Bonds shall be issued in fully registered form. Prior to the Conversion Date, (i) such Bonds shall be Outstanding outstanding in denominations of $100,000 or any integral multiple of $5,000 in excess thereof; and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $100,000 or any integral multiple of $5,000 in excess thereof. From and after the Conversion Date, (i) such Bonds shall be Outstanding in denominations of $5,000 or any integral multiple of $5,000 and (ii) such Bonds may not be issued, exchanged or transferred except in the authorized denominations of $5,000 or any integral multiple of $5,000 in excess thereof. The Bonds shall be dated as of the date of delivery and shall mature, subject to prior redemption, as provided herein. Unless the Company Authority shall otherwise direct, prior to the Conversion Date the Bonds shall be lettered "VR" and shall be numbered consecutively from 1 upward and after the Conversion Date the Bonds shall be lettered "FR" and shall be numbered consecutively from 1 upward.